dhoywdw20x
Member
I don't say much on these threads, people are usually quick to beat others down one way or the other. But, in my opinion I believe that employees should be treated with dignity and respect from the employer. However that same respect must be reciprocated. No one has a right or entitlement to hold a job, unless they have been contractually entitled.
Unions time and time again exploit the workers they claim to represent in order to increase their OWN management's pay and benefits.
Yes, Disney bottom line has increased. Yes, Disney's upper management have received bonus'. Yes, workers should receive raises and benefits over time. But, none of us are sitting on the corporate board and know exactly what the people there are thinking or planning. In the world of business, people make decisions and to make decisions it takes cash and financing.
If Disney wants to build new parks, resorts and attractions they need financing. Corporations only get financed if they look or appear solvent. If whenever Disney makes a profit, that profit could be distributed in raises across the board to their employees but that does not look good for investors, lenders and other stakeholders.
Maybe the 54% growth in profits will be used to invest in new markets such as "mainland China". Maybe greater profit will be used to pay dividends to stockholders, who finance the company. Maybe greater profit will be used to payoff the debts from: the 1 billion dollar expansion at California Adventure, the Fantasyland Expansion, and the two new Cruise Ships.
People cannot just look at increased profits and say "look Disney is rolling in Cash while their lower tier employees receive no benefits and raises". There are thousands of different places the excess profits can go, maybe some will go to raises but may it will go to Research & Development in Imagineering. None of us truly know.
Back to where this started. If people work hard they should be rewarded. But if you don't like your pay and you think your being exploited or being shafted QUIT and find a better job.
Unions time and time again exploit the workers they claim to represent in order to increase their OWN management's pay and benefits.
Yes, Disney bottom line has increased. Yes, Disney's upper management have received bonus'. Yes, workers should receive raises and benefits over time. But, none of us are sitting on the corporate board and know exactly what the people there are thinking or planning. In the world of business, people make decisions and to make decisions it takes cash and financing.
If Disney wants to build new parks, resorts and attractions they need financing. Corporations only get financed if they look or appear solvent. If whenever Disney makes a profit, that profit could be distributed in raises across the board to their employees but that does not look good for investors, lenders and other stakeholders.
Maybe the 54% growth in profits will be used to invest in new markets such as "mainland China". Maybe greater profit will be used to pay dividends to stockholders, who finance the company. Maybe greater profit will be used to payoff the debts from: the 1 billion dollar expansion at California Adventure, the Fantasyland Expansion, and the two new Cruise Ships.
People cannot just look at increased profits and say "look Disney is rolling in Cash while their lower tier employees receive no benefits and raises". There are thousands of different places the excess profits can go, maybe some will go to raises but may it will go to Research & Development in Imagineering. None of us truly know.
Back to where this started. If people work hard they should be rewarded. But if you don't like your pay and you think your being exploited or being shafted QUIT and find a better job.